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Franklin Town 02038
4 Madison Avenue
Photo of 4 Madison Avenue
Sold on Aug 31, 2007

1

Map

$497,500
● House - Off Market

4 Madison Avenue

Franklin, MA 02038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,174 Ft²
$849,694
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

Welcome Home to your New Fabulous Colonial w/spacious, eat-in granite/center island kitchen w/sliders opening to oversized mahogany deck perfect for entertaining! Fireplaced family room, walk out bay dining room, formal living room, tiled foyer,fantastic master bdrm walk in closet ... just perfect! Huge corner treed lot, professional landscaping, irrigation system, double cul-de-sac neighborhood complete this beautiful setting! *Seller to entertain offers between $489,900k - $529,900k*
Unit Size
2,174 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$225
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1995

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #70497150)

Price History

Date / Event Date Event Price
Jun 23, 2011 Sold
Premium
Sold
Mar 7, 2011 Listed $474,900
Listed
Aug 31, 2007 Sold
Premium
Sold
Dec 5, 2006 Listed $489,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 964
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Total Building Area: 2,118
  • Gross Building Area: 4,284
  • Building Area: 2,118
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,118
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 38163B
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Franklin School District
  • Census Tract: 442103

Geography

  • Account Number: 109-017
  • Parcel: FRAN M:242 L:031
  • Lot: 31
  • Municipality: FRANKLIN
  • Latitude: 42.1071
  • Longitude: -71.4088

    Address

  • Full Address: 4 Madison Ave
  • Address - House Number: 4
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Franklin
  • Carrier Code: R007
  • 4-Digit Zip Code: 4226
  • Zip Code: 02038

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $866,900

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 793,530
  • High Value: 920,616
  • Low Value: 666,443

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $735,300
  • Assessed Land Value: $359,400
  • Assessed Improvements Value: $375,900

    Sales

  • Current Sale Recording Date: Jun 23, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000122
  • Previous Sale Recording Date: Aug 31, 2007
  • Previous Sale Amount: $497,500
  • Previous Sale Document Type: 48

    Financing

  • First Mortgage Financing Type: UNK
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin Town

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$337

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2071 ft²

Average Home Age

50.8 years

Currently For Sale

46 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70497150

Frequently Asked Questions

When was property at 4 Madison Avenue built and last sold?
The property at 4 Madison Avenue was built in 1995 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 4 Madison Avenue is $489,522.
What are some comparable homes to 4 Madison Avenue?
There are currently no comparable homes to 4 Madison Avenue.
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